Fed’s Kashkari: Better to Start Raising Rates Now Than Wait

Minneapolis Fed President Neel Kashkari defended his dissent at last week’s FOMC meeting, arguing that the central bank should begin raising interest rates gradually rather than risk falling behind inflation. Speaking to CNBC from the Aspen Ideas Festival, Kashkari said he was not advocating aggressive tightening but believed the Fed should “start slowly moving up […]

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